Member Info for Malbright06

Thanks Velcro for detailed explanation. I’m of a similar mind in thinking that Hypromag should be spun off as a pure recycling worldwide company with its listing on Nasdaq. I have to top slice some of my Mkango holdings this year to pay off a mortgage but like many on this board I intend to hold for years ahead given what’s coming down the track.

Can the erstwhile and informative investors here please clarify something for me.

Assuming the Nasdaq listing of MKAR does actually proceed and its share price will be traded in US dollars, will Mkango Resources still continue to trade on AIM market in Sterling ? So effectively the MKA share price in Sterling would reflect the added value of its USA wholly owned subsidiary company. Or do you think that Mkango Resources may eventually give up its AOM and Vancouver stock listing and become a full Nasdaq listed company ?

Very very informative so thanks so much for the clarification. Still holding about 1.3 million shares so plenty to go for the future.

Finally managed a 75000 share sale at 49p. Off to buy a new BYD

Anybody had problems with Freetrade in trying to execute buys and sells ? I’ve tried to sell at current bid price 4 times today in different quantities and keep getting a reject message. I’ve now had to revert to a limit sell which is 2 p below bid and still they haven’t completed any transaction. Given that this has been the very first sell order I’ve had for my considerable Mkango share holding, it makes be somewhat anxious going forward when I’m going to have to move tens of thousands of shares.

Maybe esduk can help out here. Which trading platform did you use to buy Cotec. So far have tried Freetrade, Trading 212 and Etoro and none can offer trading for Cotec. Just trying to diversify away from my considerable Mkango holdings.

Exactly what I was thinking. Having maxed out my Mkango holding to around 1.5 million shares, I am looking for a home for some of my funds currently attracting a little over 3% in savings accounts. I think Cotec could prove to be the perfect home. No downside and huge opportunities in its other investments beyond Hypromag USA.

Meantime we all sit back and wait for the one and only thing that will boost the Mkango share price. FUNDING FUNDING FUNDING ! Both the European and USA institutions have been SOOOOOOO slow in getting funding over to either the mine/Pulawy or the Hypromag ventures and seemingly capital market investors are sitting on their hands. Nevertheless, to quote Delboy "this time next year we'll be millionaires".

As an extremely large shareholder in Mkango (1.5 million shares approx), and looking at the potential Nasdaq listings in both the Malawi mine/ Pulawy refinery and Hypromag, I just wanted to highlight my experiences with another AIM company I had invested in, which then listed on Nasdaq. Initially I had all my holdings in Hargreaves and Lansdown, but each “sell” order I tried was rejected as H&L said they couldn’t find a matching buyer. At the end it took me more than 3 weeks to sell my total holdings, having initially had to break down into smaller quantities and then using a “ Fill or Kill “ order.

And to cap it all I had to pay a currency surcharge fee,, a dealing fee and the usual £11.95 trading fee.

Part way through this nonsense I moved some of my holdings across to Freetrade, but again I have encountered same problems with them not being able to sell other than in small tranches and over several weeks. I did have some rather garbled explanation from Freetrade but that did nothing to clarify my concerns.

I now have a third broker Trading 212 but when I tried some months ago to buy my full £20,000 ISA in Mkango shares they had an in house limit on Mkango which restricted me to just £4800 total investment.

So now with my total Mkango investment across 3 brokers, and the experiences I’ve had with Nasdaq trading from Uk based brokers, I’m really anxious about how I’d be able to sell in the quantities I’d need to should the Nasdaq listings proceed.

Any others found similar problems.

I can recall 6 months or so ago I opened my T212 account and under my then £20k ISA allowance tried to buy the full £20K in Mkango stock. They limited me to a total investment of Just £4800. Come today I have piled so much money into Mkango via Freetrade that my investment now valued in excess of £1.1 million. So up yours T212. Although my £4.8 K is now valued at close to £18K I feel like transferring the lot into my Freetrade ISA. I fear that when I need to sell (not yet in my opinion) those plonkers at T212 won’t be able to sell in one tranche. Thankfully it was commission free trading unlike H&L with whom I invested for years. I’m glad I transferred out of H&L as they are not very good at trading Nasdaq stocks should Mkango succeed I getting the listing.

When I first bought via Trading 212 they limited me to a small number of shares equating to about. £4800 so I changed all my further trades to Freetrade. Now own close to 1.5 million shares across ISA and General investment account.

Looks like I can buy just now at 16.26. Can I get in before market close ?

Thanks to the clowns who are selling into this great news. Managed to get another £10K at £0.1639 so I must be very close to a million shares now. I'll buy anything in the 16's p so hoping it stays here for another day or two as need to move funds.

Flipping Trading 212 only allowed me to buy max 27100 shares today as a limit. Thankfully I got another £10K this morning via my H&L account . Managed to get in at 17.32 and finished at 18.11 price. Hoping my million shares are gonna pay off my mortgage by end 2026.

Ive got Yahoo Finance showing 16p at the open.

In my Hargreaves and Lansdown account, they are showing a Sterling price, which when converted at their current stated exchange rate, equates to a price of US$ 9.68.

Actual price at close of the market was US$ 9.99 but in after hours it had dropped to US$ 9.68. No idea how or why HL should be taking an after hours trading price as the market price. In pre market trading yesterday the price was US$ 11 so they didn't show that at the time.

Either way, the "market debut" over on Nasdaq is turning out to be the same damp squib as greeted the 2021 dual listing. Within week the US$ 19 listing price had dropped and as we all know, by 2024 we were down in the US$ 4 to 5 levels.

It looks like TTD is no longer overvalued as it’s collapsed by 31% last time I looked. Meantime as you say NEXN because it’s unknown over there is struggling to keep its head above $10. Hoping that changes when it’s fully listed on Nasdaq.

Just seen the pre-market for TradeDesk and its taking a hammering, down almost 29%, further to EBITDA miss of 4.4%yesterday. Revenue guidance was also below expectations and so the sector will probably take a big hit today incl Nexxen. See Pubmatic and Magnite also down in pre market. Coupled with the anxiety of the change to a full Nasdaq listing looks like the LSE listing will also take a hit today.

Is there something going on behind the scenes that we are unaware of. Having plotted its way over the past few months to over US$ 10 on Nasdaq (at one point heading towards US$ 11) all of a sudden yesterday on no news it sank 6.5% to a level I thought we'd left behind months ago US$ 9.37. Volume was the average 173,000 shares so nothing out of the ordinary there.

I can remember the hype when we first dual listed on Nasdaq at the heady price of US$ 19 per share, with everybody thinking this would be they key to unlocking greater institutional investment (same line being peddled today as we transition to a full Nasdaq listing). That initial euphoria dissipated very rapidly over the next few months as results were absolutely pathetic. I was maybe naively hopeful that this new full listing, coming on top of at least 2 quarters of excellent growth might be the catalyst for a push at least towards US$ 12 per share. And then this happened in one day.

Anybody got any ideas why ??

Gdog. I have similarly voted as per you, but I can't see where to find the CEO compensation package details per the circular attached. I just voted against in principle but I wouldn't mind knowing what the proposals actually were for the last 3 items.

If the shares are held for longer than 3 years there is no CGT on AIM shares.